Highly Profitable Bar for Sale Earns over $200,000 Nearby University

Buy this highly profitable bar for sale! Seven figure sales and earnings past the $200,000 mark.  Owner is semi - absentee in business that shows sustained annual growth and strong books and records! 

bar for sale like this one is a rarity.  Extremely high earnings that should qualify for SBA lending for a well qualified buyer with 20% down.  This winning location nearby Kennesaw State is serving the beer ice cold and the simple menu piping hot while turning in earnings of $200,000
This profitable bar for sale is fully staffed with managers in place. The current owner spends about 20 hours per week overseeing service and quality, but this business could easily be run fullly absentee. Net sales in 2017 exceeded $1.2 Million compared to $1.1 Million in 2016 and less than $1 Million just a few years prior proving sustained growth with plenty of opportunity for more! 

This bar for sale doesn't open until 3:00 PM on weekdays and is closed on Sundays providing plenty of upside for the next owner. There is a total of 4,000 square feet inside that can accommodate 150 guests. Additionally, there is a beautiful outdoor patio that can seat another 70 customers taking total capacity to 220. The rent, including all CAMS, is just over $10,000...very competitive for the area.

Kennesaw State currently ranks 3rd in size of all Georgia universities with over 35,000 students. This profitable bar and grill for sale offered by We Sell Restaurants is a local favorite and benefiting from its growth of the student base. Additionally, the area is seeing double-digit population increases. Customers rave about the reasonable prices and great food in addition to being one of the best places around to go unwind and grab a drink.  

If you are looking to ditch your current job but need to sustain a high six-figure income or want to invest in a bar for sale with strong revenue for an absentee owner, here it is.
 

Please click on the tab below to easily acknowledge confidentiality on this Bar and Grill. For many business opportunities, you will immediately receive the name, address, photos and most recent financials.If you have any questions, please contact Certified Restaurant Broker Steve Weinbaum at (770) 714 - 4552

This is an exclusive listing of We Sell Restaurants who is the rightful owner of all intellectual property associated with this website. This may not be duplicated without express permission of We Sell Restaurants. We Sell Restaurants is federally registered trademark.

Listing

  • Listing#: 6178
  • Price: $599,000
  • Location: Kennesaw
Lease Term: Expires 2021 but landlord is open to extending
Monthly Rent: $10,380
Indoor Seating: 150
Inside Sq. Ft: 4000
Hood System: No
Hours Open: Mon thru Thur - 3:00PM - 2:00AM Fri and Sat - 12:00 noon - 2:00AM
# of Part-Time Employees: 14-19
# of Full-Time Employees: 6-8
Net Sales: $1,205,087
Owner Benefit: $242,124

Features

  • Profitable Kennesaw Georgia Area Bar and Grill for Sale
  • Close to Quarter Million in Owner Benefit
  • Seating for over 200
  • Seven Figure Sales - Six Figure Owner Benefit
  • Open over 10 Years
  • Bar and Grill for Sale

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